June 2017 crude steel production 3.2% increase on previous year

World crude steel production for the 67 countries reporting to the World Steel Association (worldsteel) was 141.0 million tonnes (Mt) in June 2017, a 3.2% increase compared to June 2016.

World crude steel production was 836.0 Mt in the first six months of 2017, up by 4.5% compared to the same period in 2016. Asia produced 576.8 Mt of crude steel, an increase of 4.8% over the first half of 2016. The EU produced 86.1 Mt of crude steel in the first half of 2017, up by 4.1% compared to the same period of 2016. North America’s crude steel production in the first six months of 2017 was 57.4 Mt, an increase of 2.4% compared to the first half of 2016. The C.I.S. produced 49.7 Mt of crude steel in the first six months of 2017, a decrease of -2.5% over the same months of 2016.

China’s crude steel production for June 2017 was 73.2 Mt, an increase of 5.7% compared to June 2016. Japan produced 8.4 Mt of crude steel in June 2017, a decrease of -4.3% compared to June 2016. South Korea produced 5.9 Mt of crude steel in June 2017, an increase of 7.7% compared to June 2016.

In the EU, Germany produced 3.6 Mt of crude steel in June 2017, a decrease of -1.7% compared to June 2016. Italy produced 2.1 Mt of crude steel, up by 1.8% on June 2016. France produced 1.3 Mt of crude steel, up by 1.3% compared to June 2016. Spain produced 1.3 Mt of crude steel, up by 8.1% on June 2016.

Turkey’s crude steel production for June 2017 was 3.0 Mt, up by 7.1% on June 2016.

The US produced 6.7 Mt of crude steel in June 2017, a decrease of -1.7% compared to June 2016.

Brazil’s crude steel production for June 2017 was 2.6 Mt, up by 4.0% on June 2016.

The crude steel capacity utilisation ratio of the 67 countries in June 2017 was 73.0%. This is 1.4 percentage points higher than June 2016. Compared to May 2017, it is 1.3 percentage points higher.

The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world. worldsteel members represent approximately 85% of the world’s steel production, including over 160 steel producers with 9 of the 10 largest steel companies, national and regional steel industry associations, and steel research institutes.

The monthly crude steel capacity utilisation ratio is calculated based on crude steel production information available at worldsteel and OECD capacity estimates.